Business

Tue,11Dec2018

Business

Egypt: Resilient and responsive

THE EGYPTIAN STOCK EXCHANGE REACHED AN ALL-TIME HIGH IN APRIL 2018, EXCEEDING E£1TRN - SHAWN BALDWIN/BLOOMBERG VIA GETTY IMAGES
After two years of austerity the economy is now on firmer ground. Banks are raising funds for lending and targeting new sectors of the population in a race to increase their customer bases

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Kenya on course to develop nuclear energy, official says

Workers install a new power pole in the middle of the remains of destroyed shacks in the Mukuru slum in Nairobi, Tuesday, Jan 20, 2004 .Photo: KHALLIL SENOSI/AP/SIPAKenya's ambition of having a nuclear power plant is still on course and it hopes to build its first such facility in the next 12-15 years, a senior Energy Ministry official said on Friday.

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South Africa banks: ITV - Capitec Bank

CapitecCapitec Bank, the growing rival to the ‘big four’

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Commercial Bank of Africa: Powered by the Kenyatta clan

Commercial Bank of Africa
Founded in 1962, Commercial Bank of Africa is Kenya’s largest privately owned commercial bank. It is a market leader in mobile lending, with more than 20 million customers on M-Shwari, the mobile-lending service it co-owns with telecoms giant Safaricom.

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South Africa banking: start-up shake-up

 

monoliths of the South African banking landscape: Absa; Standard Bank and First National Bank. Photo: Mike Hutchings/ReutersSouth Africa is 'a marketplace without boundaries', says PwC, and new niche players are limbering up to compete with the country's top banks by offering digital, lower-cost financial services

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London Stock Exchange: London calling Africa

 

Vivo energy raised $742m on the LSE in May. Photo: Vivo energyAs African financial centres like Johannesburg and Casablanca grow and Brexit negotiations take over Britain’s agenda, will the City of London remain Africa’s financial capital?

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Mining firms say Zambia's tax hike plan would ruin economy

Zambian workers constructing a new $300 million copper smelter in Chingola, Zambia, in this Wednesday, Dec. 13, 2006 file photo. Photo: JOSEPH SCHATZ/AP/SIPAZambia's proposed mining tax increases would hobble Africa's second biggest copper industry, companies said on Thursday, a further warning to investors already concerned about the country's mounting debt.

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